Streetbeat News

BROS

Dutch Bros Inc.

https://www.dutchbros.com

Industry

Restaurants

Dutch Bros Inc., together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands. Dutch Bros Inc. was founded in 1992 and is headquartered in Grants Pass, Oregon.

Open

46.09

Mkt cap

7.2B

Volume

3.2M

High

46.82

P/E Ratio

155.37

52-wk high

50.24

Low

45.99

Div yield

N/A

52-wk low

25.46

TD Cowen analyst Andrew Charles reiterated a 'Market Perform' rating on Dutch Bros (NYSE:BROS) and maintained a $33 price target.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:00 pm

Analysts have varied opinions on Dutch Bros (NYSE:BROS), with recent ratings ranging from bullish to indifferent. The average 12-month price target is now $35.00, up 10.51% from the previous $31.67. Analyst actions include maintaining and raising ratings, with price targets adjusted accordingly. Dutch Bros's financial performance shows solid revenue growth but below-average profitability and efficiency metrics. Analyst ratings are crucial for investors, reflecting expert opinions on stock performance.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 12:00 pm

Wedbush analyst Nick Setyan has reiterated an Outperform rating on Dutch Bros (NYSE:BROS), maintaining a price target of $37.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:38 am

Dutch Bros is undertaking a large-scale organizational design initiative, moving certain positions to its Phoenix, Arizona office. This move is expected to cost $24 to $31 million, with an additional $6 to $10 million in capital expenditures for the Arizona office expansion. By January 1, 2025, about 40% of the support center staff will be located in Arizona.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:37 pm

Dutch Bros has projected its total revenues for 2024 to be between $1.190 billion and $1.205 billion, which is below the estimated $1.22 billion. The company also expects to open between 150 to 165 new shops in 2024.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:36 pm

Dutch Bros Inc. (NYSE:BROS) reported Q4 earnings of 4 cents per share, surpassing the 2 cents estimate by 100% and marking a 33.33% increase from the previous year. Quarterly sales reached $254.12 million, exceeding estimates by 0.54% and showing a 25.91% year-over-year growth. The company opened 159 new shops in 2023, with 146 being company-operated, and achieved a record system AUV since its IPO. For 2024, Dutch Bros anticipates opening 150 to 165 shops, expects revenues between $1.190 billion and $1.205 billion, and forecasts low single-digit same-shop sales growth. Shares rose 7.17% in after-hours trading.

Portfolio Pulse from Erica Kollmann

February 21, 2024 | 10:14 pm

Dutch Bros (NYSE:BROS) reported Q4 earnings with an EPS of $0.04, doubling the estimated $0.02 and marking a significant revenue increase of $52.30 million from the previous year. The company has consistently beaten EPS estimates over the past four quarters, with the share price increasing by 0.9% the day after last quarter's earnings announcement.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:30 pm

Dutch Bros Inc. (BROS) reported Q4 2023 adjusted earnings per share (EPS) of $0.04, surpassing the $0.02 estimate, marking a 100% beat and a 33.33% increase from the previous year's $0.03 EPS. Sales reached $254.12M, exceeding the $252.75M estimate by 0.54% and showing a 25.91% increase from the previous year's $201.83M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:26 pm

The article lists companies scheduled to report their earnings on February 21, 2024, including their expected earnings per share and revenue. It covers a wide range of industries and includes both companies expected to report profits and losses.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 10:09 am

Dutch Bros (NYSE:BROS) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts estimating an EPS of $0.02. The company's past earnings performance shows a mix of beats and misses, with share price reactions varying accordingly. Shares are currently trading at $27.4, down 27.98% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 3:01 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.